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Aligning Innovation Strategy to Overall Strategy
Session INV2, February 11, 2019
Rasu Shrestha, Chief Strategy Officer, Atrium Health (Moderator)
Karen Murphy, Chief Innovation Officer, Geisinger (Panelist)
Hiten Patel, Chief Technology and Innovation Officer, Rush University Medical Center (Panelist)
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Rasu Shrestha, Chief Strategy Officer, Atrium Health
Hiten Patel, Chief Technology and Innovation Officer, Rush
University Medical Center
Karen Murphy, Chief Innovation Officer, Geisinger
have no real or apparent conflicts of interest to report.
Conflict of Interest
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• Review basic strategy concepts well enough to align
innovation strategies to succeed
• Recognize key strategy drivers (people, revenue, and cost)
to better align projects to key drivers
• Identify when and how to ask for help, whether internal or
external
• Discuss how to prioritize your projects and tackle
organizational pushback, both passive (structural) and
active
• Consider how you might rapidly accelerate your success by
incorporating new processes
Learning Objectives
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Rasu Shrestha
Chief Strategy Officer,
Atrium Health (Moderator)
Karen Murphy
Chief Innovation Officer, Geisinger
Hiten Patel
Chief Technology and Innovation Officer,
Rush University Medical Center
Meet The Panel
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Atrium Health
• Located in North and South Carolina
• 10 Nationally Ranked Clinical Programs
(U.S. News)
• 65,000+ Teammates
• 46 Hospitals
• 3,000+ Physicians, 16,000+ Nurses
• $2.03B in Community Investment
• Achieved Stage 7 EMRAM in acute and
ambulatory environments
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Rush University Medical Center
• Located in Chicago, IL
• 7 Nationally Ranked Clinical Programs
(U.S. News)
• 2,024 Active Medical Staff
• 2,078 Current Students
• 11,709 Full Time Staff
• 1000+ Staffed Beds
• $124 M Annual Research Revenue
• Achieved Stage 7 on the O-EMRAM Model
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Geisinger Medical Center
• Located in Pennsylvania and New Jersey
• Recognized as one of top 100 great
hospitals in the country (Becker’s)
• 11 Acute Care Hospitals
• 253 Primary Care & Specialty Care Sites
• 500,000 Geisinger Health Plan members
• 485 Geisinger Commonwealth Medical
College students
• Achieved Stage 7 on the EMRAM & O-
EMRAM models
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A.Yes
B.No
C.Unsure
D.I’m here to figure out what it should be!
Do You Have a Process Around
Innovation?
https://live.eventbase.com/polls?event=himss19&polls=5193
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A.Internally
B.Externally
C.Both
D.Unsure
Where are Your Innovation Efforts
Focused?
https://live.eventbase.com/polls?event=himss19&polls=5191
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A.Closely Aligned
B.Loosely Aligned
C.Not Aligned
D.Unsure/Don’t know
How Aligned is Your Innovation
Strategy to Your Enterprise Strategy?
https://live.eventbase.com/polls?event=himss19&polls=5192
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A.Internal Value Generation
B.Revenue Generation
C.Culture
D.Other
What Are Your Goals in Tracking ROI
for Your Innovation Program?
https://live.eventbase.com/polls?event=himss19&polls=5194
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Innovation is Invention Adopted
Invention Adoption
Innovation
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If You’ve Seen One Innovation Center…
You’ve Seen One Innovation Center
…And Many More!
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Putting a Process Behind Innovation
• Develop the
Innovation Charter
• Organize and Align
on Program Goals
• Analyze the Market
and Evaluate
Opportunities
• Filterthe Noise an
Prioritize Action
• PilotSolutions
• Scale
or Fail
Fast
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Do Not Reproduce
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Q+A
#HIMSS19
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Rasu Shrestha
Chief Strategy Officer,
Atrium Health (Moderator)
@RasuShrestha
Karen Murphy
Chief Innovation Officer, Geisinger
@GeisingerHealth
Hiten Patel
Chief Technology and Innovation Officer,
Rush University Medical Center
@RushMedical
Q+A
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Rasu Shrestha
Chief Strategy Officer,
Atrium Health (Moderator)
@RasuShrestha
Karen Murphy
Chief Innovation Officer, Geisinger
@GeisingerHealth
Hiten Patel
Chief Technology and Innovation Officer,
Rush University Medical Center
@RushMedical
Thank You!
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survey!